Category Archives: Business

Business, Social Commentary, Space, Technology and Society

Luxury Space Hotels?

15 Comments

I find this story kind of incredible. The hotel itself seems feasible enough, but how in the world do they expect to get the cost down to less than $200,000 per person? And the comments are hilariously clueless. I particularly liked this one:

As much as I would love to go to space, I think it would get very boring after about 5 min of looking out the tiny window. you would be seeing the same view for 5 days, and who seriously is going to look out of the window the whole time? the rest of the time you’re spending it in cramped quarters. I really feel humans do not belong in outer space.

“Feel” is the operative word here. This is clearly a person who doesn’t do much in the way of real thinking.

Business, Economics, Political Commentary

Entitlements Someday

12 Comments

…but first things first:

…nearly half of the current deficit can be clearly attributed to the downturn.

That’s a deficit increase that would have happened in an economic crisis whether Republicans or Democrats controlled Washington. But it was the specific spending excesses of President Obama and the Democrats that shot the deficit into the stratosphere.

There is no line in the federal budget that says “stimulus,” but Obama’s massive $814 billion stimulus increased spending in virtually every part of the federal government. “It’s spread all through the budget,” says former Congressional Budget Office chief Douglas Holtz-Eakin. “It was essentially a down payment on the Obama domestic agenda.” Green jobs, infrastructure, health information technology, aid to states — it’s all in there, billions in increased spending.

What was increased can be decreased. All it takes is wised-up voters.